Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $30.80 and traded as high as $33.15. Inspire Faithward Mid Cap Momentum ETF shares last traded at $32.77, with a volume of 9,051 shares changing hands.

Inspire Faithward Mid Cap Momentum ETF Stock Down 0.0 %

The company’s 50-day moving average is $31.66 and its 200-day moving average is $30.81. The stock has a market capitalization of $66.50 million, a price-to-earnings ratio of 14.54 and a beta of 0.82.

Institutional Trading of Inspire Faithward Mid Cap Momentum ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Creekmur Asset Management LLC lifted its holdings in Inspire Faithward Mid Cap Momentum ETF by 34.7% in the third quarter. Creekmur Asset Management LLC now owns 1,325 shares of the company’s stock valued at $42,000 after acquiring an additional 341 shares during the last quarter. First Heartland Consultants Inc. purchased a new stake in Inspire Faithward Mid Cap Momentum ETF in the second quarter valued at $214,000. Synergy Asset Management LLC lifted its stake in shares of Inspire Faithward Mid Cap Momentum ETF by 21.2% in the 2nd quarter. Synergy Asset Management LLC now owns 11,036 shares of the company’s stock valued at $332,000 after purchasing an additional 1,933 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of Inspire Faithward Mid Cap Momentum ETF by 9.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 14,072 shares of the company’s stock worth $424,000 after purchasing an additional 1,169 shares during the period. Finally, CWM LLC acquired a new stake in shares of Inspire Faithward Mid Cap Momentum ETF during the 3rd quarter worth about $764,000.

About Inspire Faithward Mid Cap Momentum ETF

The Inspire Faithward Mid Cap Momentum ESG ETF (GLRY) is an exchange-traded fund that mostly invests in mid cap equity. The fund seeks to maximize growth and outperform its benchmark by actively selecting US mid-cap stocks that are screened for their alignment in biblical values. GLRY was launched on Dec 7, 2020 and is managed by Inspire.